A new study of downtown Toronto commerce shows the tourism industry has bounced back nicely from the pandemic. But we’re not out of the woods yet. The Toronto Star on Thursday ran a story that talked about a University of Toronto School of Cities study that looked at cellphone usage in the city centre to determine the number of daily visitors to various types of buildings. Looking at 2019 levels versus 2023, the study found that Toronto’s hospitality buildings had a 100% recovery rate in terms of visitors. The recovery rate for office buildings was only 69%, and for retail Read more
